"If your average trader was qualified in another field and if this wasn't so addictive the trading rooms would be pretty empty"
you have hit on a major issue, which is opportunity cost.
If you are earning McD's pay daytrading, or nothing, then clearly you have to question your business model no matter how addicting it is.
Actually, I have been reading about the people that "play the open", and I see no reason why somebody like that couldn't do their trading in about 20 minutes and then go off to a regular job, providing that the hours are convenient ( tough on the east coast if you work 9-5 ). Or you could trade futures on Globex after you get home from work. Either way you will almost certainly make more money in total and your family might not think you are crazy anymore.
you have hit on a major issue, which is opportunity cost.
If you are earning McD's pay daytrading, or nothing, then clearly you have to question your business model no matter how addicting it is.
Actually, I have been reading about the people that "play the open", and I see no reason why somebody like that couldn't do their trading in about 20 minutes and then go off to a regular job, providing that the hours are convenient ( tough on the east coast if you work 9-5 ). Or you could trade futures on Globex after you get home from work. Either way you will almost certainly make more money in total and your family might not think you are crazy anymore.